You are here:

Income Plus Mortgages

Income Plus mortgages help clients get more from their budget. With a household income of £75,000, clients may be able to borrow up to 6x their income. Or with a household income of at least £50,000 (£30,000 for first time buyers), they may be able to borrow up to 5.5x their income. This gives them extra flexibility to buy, move or remortgage.

Key information about Income Plus mortgages

We class a first time buyer as anyone who hasn't had a mortgage in the last three years. At least one applicant must meet this definition to apply for a first time buyer mortgage.

Related products

First Time Buyer mortgages

Reach mortgages

AVAILABLE TO INTERMEDIARIES ONLY

Income Plus Legal Assisted 5 Year Fixed Rate Mortgages

Initial rate fixed up to and inc. 31/07/2031Then changing to the Society's current Standard Variable Rate (SVR) for the remaining term of the mortgageOverall cost for comparison (APRC)Maximum loan to value (LTV)Product Fee
5.20% 7.74%6.8%80%£0
Max loan amount £1,000,000
5.14% 7.74%6.8%85%£999
Max loan amount £1,000,000
5.24% 7.74%6.8%85%£0
Max loan amount £1,000,000
5.30% 7.74%6.9%90%£999
Max loan amount £700,000
5.35% 7.74%6.9%90%£0
Max loan amount £700,000

Income Plus First Time Buyer 5 Year Fixed Rate Mortgages

Initial rate fixed up to and inc. 31/07/2031Then changing to the Society's current Standard Variable Rate (SVR) for the remaining term of the mortgageOverall cost for comparison (APRC)Maximum loan to value (LTV)Product Fee
5.10% 7.74%6.8%80%£0
Max loan amount £1,000,000
5.04% 7.74%6.8%85%£999
Max loan amount £1,000,000
5.14% 7.74%6.8%85%£0
Max loan amount £1,000,000
5.25% 7.74%6.9%90%£999
Max loan amount £700,000
5.30% 7.74%6.9%90%£0
Max loan amount £700,000
5.54% 7.74%7.0%95%£999
Max loan amount £600,000
5.64% 7.74%7.0%95%£0
Max loan amount £600,000
RATES CORRECT AS AT 14 april 2026

Representative Example

A mortgage of £180,000.00 payable over 25 years initially on a fixed rate for 5 years at 5.64% and then on our current Standard Variable Rate of 7.74% (variable) for the remaining 20 years would require 60 monthly payments of £1119.30 and 240 monthly payments of £1319.49.

The total amount payable would be £383,870.60 made up of the loan amount plus interest of £203,835.60 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 7.0% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

This example has been calculated on a Capital & Interest repayment method. The monthly payments, total amount payable and interest charged all reflect this calculation method.

Key details about this product range

  • Interest calculated daily
  • Free standard valuation up to £999.
  • These products are not available to interest only applications.
  • 10% capital repayments are allowed each year without incurring an Early Repayment Charge.
  • Tapered Early Repayment Charges may apply.
  • The products and services on this site are available to UK residents only.
  • Mortgage applicants must be 18 years or over.
  • Mortgages are subject to eligibility, status and financial standing.
  • A mortgage exit fee of £199 will apply.
  • The Society will assist in covering the basic legal costs of a standard re-mortgage.

This information is designed for use by FCA authorised intermediaries only.

The words 'A 30k income is not nearly enough.' 'Nearly enough' is crossed outSupporting our first time buyers

Help

Our mortgages